Release 30th September
9 pm British Summer Time
(10 pm Central European Summer Time)
(5 pm Eastern Daylight Time (EDT))
(9 am Pacific Daylight Time (PDT))
(5 am, 1st October, Australian Eastern Standard Time ((AEST))
3 am, 1st October, China Standard Time (CTS))
MINING
Remember to check your time zone
more to come
BDSM &
Fetish
Algorithm BDSM: SHA256
6.9 million BDSM
23 BDSM per block
Rewards halves 200k
Minimum reward 11.5 BDSM
Maximum blocks to mine 400k
No PoS (ever)
Algorithm Fetish: SHA256
690 thousand FETISH
2.3 FETISH per block
Rewards halves 200k
Minimum reward 1.15 FETISH
Maximum blocks to mine 400k
No PoS (ever)
Both coins can be mined in in about 1.5 years, and there is no drop in reward after the first halving. They are rare, a maximum of 6.9m for BDSM and 690k for Fetish.
Block time 60 seconds
Retarget every couple of blocks
Low Starting difficulty
When mining slows, difficulty will drop off.
When mining is fast, difficulty will rise at a moderate pace.
Why the kinky names?
Who doesn't like a bit of the old bondage and sado-masochism or other activities that just seem kind of amazing? The coins are designed primarily to be fun. However, there are three areas for focus, two of which are acheievable for quickly.
1. Potential to be used by the adult industry service providers (this line of inquiry is being pursued with chains in the UK and Germany).
2. To be used on Twitter/Facebook/Reddit with Tipping Bots: the target is firstly the alternative lifestyle community and secondly altcoin enthusiasts. The keywords used for the bots (not yet made) will be carefully picked to ensure good coverage.
3. To be used in BDSK/Fetish type relationships as payment for whatever … imagination is a great thing, and if you can't imagine what this means, have look at our old friend Google.
BDSM & Fetish developmentAny suggestions you might have regarding services, gaming, gambling, mining, or whatever are welcome. If you can offer something to improve their future, then use that PM button.
What is needed soon?-–-
The Bot thing is the first priority, payment will be made in BDSM or Fetish at the trading rate converted to X BTC (needed very soon)
–--- This:
https://insight.bitpay.com/ explorer, or anthing similarly good looking, adapted with the logos of BDSM and Fetish (needed quite soon as a simple temporary explorer will be deployed at the start of the process).
Zero Premine?The premine is planned at 1% and on release the block(s) used will be announced. The word “bounty purse” will not be used (at least not after it was just used there.
The 1% covers:
1. The three bots
2. The three bots tipping "bot pots"
3. The Insight or similar explorer
The giveaway
Originally a small giveaway was planned, but the above 3 necessities are more important for BDSM and Fetish. Nonetheless, some things will happen in terms of free gifts and maybe a competition. Only people with a record of posting on bitcointalk.org are eligible to participate, and must agree to have the their usename documented as part of the transparency process.
No IPO
There is not an IPO. If this is a service that is requested on this thread by 25 members with long feedback histories, the decision would be reversed. In such circumstances, there would be a cap of about 5 blocks per long-term member and the rate paid in BTC will be documented publicly and used to pay for advertising space.[/center]
Download Wallpaper
Pool ownersAny more pools that would like to take advantage, contact this address (via PM) or Jyri at Altcoin.Center. You can also get a reply from Aннa at
[email protected]